Fresno, Ohio Property Taxes
The median property tax rate in Fresno, Ohio is 1.34%, which is higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With the median home value in Fresno at $138,950, the typical annual property tax bill amounts to $1,846, falling below the national median of $2,690. Property taxes in Fresno are calculated based on the tax assessed value, which is often less than the market value due to exemptions like the primary residence and agricultural exemptions. By understanding Fresno's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve significant annual savings. Whether you're in the heart of Fresno or another part of the city, understanding the local property tax system will benefit you greatly.
Last Updated June 14, 2024
Fresno, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.34%
Estimate Property Tax Bill
$1,862
Ownwell’s Fresno Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fresno with just two data points. By entering your property’s estimated assessed value, the calculator applies the median tax rate in Fresno to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Fresno, Ohio
Property taxes in Fresno, Ohio, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Fresno is 1.34%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Fresno set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fresno estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Fresno's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43824 zip code has both the highest and lowest median property tax rate of 1.34%. Understanding how these cities compare with Fresno provides valuable insights into the varying tax landscape across Tuscarawas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fresno Tax Rate
1.34%
Average Tuscarawas County Tax Rate
1.35%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fresno, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43824 | 1.16% | 1.32% | 1.34% | 1.34% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Fresno, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Fresno, Ohio. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Tuscarawas County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Fresno, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. For instance, the median home price in Fresno is $138,950. The 25th percentile tax bill is $994, while the 75th percentile tax bill is $2,446, and the 90th percentile tax bill is $3,411. The highest median tax bill in Fresno is found in the 43824 zip code, at $1,846. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Fresno Assessed Value
$138,950
Average Tuscarawas County Assessed Value
$122,160
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fresno, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43824 | $17,568 | $72,870 | $138,950 | $187,010 | $236,756 |
Source: Ownwell
Property Tax Bills Across Fresno, Ohio
Property tax bills in Fresno, located in Tuscarawas County, Ohio, are determined based on the assessed value of a property and the local tax rate. The assessed value is typically a percentage of the market value, which is determined by the county's property assessor. Several factors influence the assessed value, including the property's location, size, and condition, as well as recent sales of similar properties in the area. In Fresno, the median home price is $138,950. Homeowners in the 25th percentile can expect to pay around $994 in property taxes, while those in the 75th percentile might see bills as high as $2,446. For the top 10% of property values, tax bills can reach up to $3,411. Comparing this to the national median property tax rate of 0.99%, Fresno's property tax rates can significantly impact homeowners' annual expenses, particularly for those with higher-valued properties. Understanding these factors can help homeowners better anticipate their property tax obligations and manage their finances accordingly.
Average Fresno Tax Bill
$1,846
Average Tuscarawas County Tax Bill
$1,645
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Fresno, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43824 | $250 | $994 | $1,846 | $2,446 | $3,411 |
Source: Ownwell